To Buy or to Sell?
November 17, 2020 by Terrence Dopp
In the back halls of the life insurance and annuities world, mergers and acquisitions chugged along at the same rate as before the COVID-19 pandemic through June, in a 2020 that was marked by uncertainty.
Joblessness rose in the first half of the year and lockdowns to stanch the spread of the novel coronavirus brought economic activity to a crawl for months. Yet in the insurance industry, the urge to buy and sell companies in the hopes of paying a growth premium or losing an unprofitable operation never completely stopped.